Insurance companies charge a person based on their perceived risk and the type of cover taken.  Basically, the higher the risk the more you will pay for your premium.

There are three main types of car insurance; Comprehensive, Third Party Property (TPP) and Third Party Property Fire & Theft (TPF).  Comprehensive insurance is the most expensive followed by TTF and then TTP.  Most insurance companies these days offer a range of options amount which can further alter the price of insurance such as windscreen cover, minimum driver age and changing the excess.

Some ways is which a driver’s individual risk is measured include;

• The make, model and price of the automobile

• The driving history and age of the people driving the car

• Any optional factory extra accessories that are fitted in the car

• The policy holder's residential address and where the car is parked

• Excess amount

• Nominated driver details

• How the car is used

• The finance arrangement of the car

• Agreed or market value

By visiting the Car Insurance Companies page on this website and then clicking on a company logo or name you can see all the details about a company including cover types (ie, comprehensive, third party property, third party property fire & theft), excess, No Claims Bonus (or NCD), company profile, underwriter, owner and also their rating of the company as voted by QuoteMyWheels users.